Hawaii jobless rate falls to 7-year-low of 3.3%
Hawaii’s seasonally adjusted unemployment rate dipped in October to a seven-year low of 3.3 percent amid continued improvement in the state’s economy. It was the fifth month in a row that the rate has fallen and matched the lowest level since February 2008, according to data released today by the state Department of Labor and Industrial Relations.
Total nonagricultural jobs jumped by 2,600 to 637,100 from 634,500 in September.
The U.S. rate, which was announced earlier this month, was 5.0 percent.
Hawaii’s lowest unemployment rate ever was 2.3 percent in October, November and December 2006.